Weekly Market Report

For Week Ending June 24, 2017

We are now beyond two years of year-over-year declines in inventory, and it doesn’t look like the situation is going to change anytime soon. However, buyer demand and home prices are still rising, and the number of distressed homes on the market has fallen. It would be great to see more starter homes on the docket for new construction during these next few busy building months to help those that are looking to enter the market.